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Monday, May 28, 2012

MARKET UPDATES


SHREE GANESHAY NAMAAH !
Steady market: Experts tell you what to buy or sell now ?
Indian market recovered today after a very poor performance last week. The market gained some strength today on an improved global risk sentiment and some buying in financial stocks such as top lender State Bank of India.
The BSE Sensex rose 199.02 points to close at 16416.84 while the Nifty ended at 4,985.65 gaining 65.25 points.
The gainers of the day are SBI (up 4.8%), ICICI Bank (up 2.6%), while Reliance Industries ended up 1.42%
NIFTY FUTURE :
Supp. 4888 / 4912 / 4942 / 4960 
CMP: 4975.40
Resis. 4996 / 5025 / 5048 / 5070
BANK NIFTY FUTURE  :
Supp. 9423 / 9476 / 9530 / 9590
CMP : 9650.95
Resis. 9713 / 9775 / 9830 / 9880
Market Updates : 
Neyveli Lignite Corporation leads gainers in 'A' group
Piramal Healthcare, Jubilant Foodworks, Gujarat Mineral Development Corporation and Voltas are among the other gainers.
State-run lignite-based power producer Neyveli Lignite Corporation galloped 8.38% to Rs 76.95. The stock topped the gainers in the BSE's 'A' group. The company announced during trading session today, 28 May 2012, that its net profit rose 3.20% to Rs 605.21 crore on 30.63% increase in total income to Rs 1823.87 crore in Q4 March 2012 over Q4 March 2011.
Piramal Healthcare jumped 6.90% to Rs 446.85. The stock was second biggest gainer in 'A' group.
Fast food chain operator Jubilant Foodworks climbed 6.09% to Rs 1316.30. The stock was third biggest gainer in 'A' group. The stock hit a record high of Rs 1335 in intraday today, 28 May 2012.
Gujarat government-owned miner Gujarat Mineral Development Corporation rose 5.80% to Rs 173.20. The stock was fourth biggest gainer in 'A' group. The company announced after trading session on Friday, 25 May 2012, that its consolidated net profit rose 40.7% to Rs 158.57 crore on 15.6% increase in net sales to Rs 536.96 crore in Q4 March 2012 over Q4 March 2011.
Engineering company Voltas rose 5.03% to Rs 106.55, with the stock extending Friday's 11.98% surge triggered by the company reporting 2.7% rise in consolidated net profit to Rs 103.81 crore on 5.8% decline in net sales to Rs 1573.46 crore in Q4 March 2012 over Q4 March 2011. The result was announced after trading hours on Thursday, 24 May 2012. The stock was fifth biggest gainer in 'A' group.
Stock With Volumes :
Volumes jump at Crompton Greaves counter
Amrutanjan Health Care, Shalimar Paints, Glodyne Technoserve and Bata India are among the other stocks to see a surge in volumes on BSE today, 28 May 2012.
Crompton Greaves clocked volume of 11.29 lakh shares by 13:08 IST on BSE, a 3.35-times surge over two-week average daily volume of 3.37 lakh shares. The stock rose 0.33% to Rs 106.40.
Amrutanjan Health Care notched up volume of 83,000 shares, a 3.21-fold rise over two-week average daily volume of 26,000 shares. The stock rose 0.23% to Rs 812.50.
Shalimar Paints clocked volume of 3.12 lakh shares, a 1.96-fold rise over two-week average daily volume of 1.59 lakh shares. The stock jumped 10.87% to Rs 614.80.
Glodyne Technoserve clocked volume of 1.54 lakh shares, a 1.36-fold surge over two-week average daily volume of 1.14 lakh shares. The stock lost 0.11% to Rs 399.95.
Bata India clocked volume of 58,000 shares, a 1.07-fold rise over two-week average daily volume of 54,000 shares. The stock rose 0.73% to Rs 895.85.
Note : Data From Capital Market And Money Control !
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